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influence on Lenin’s political theory

…influenced by the English historian J.A. Hobson’s Imperialism, a Study (1902), which alleged that decadent capitalism was bound to turn from glutted markets at home to exploit the toil of “reluctant and unassimilated peoples.”

theory of imperialism

…British liberal economist John Atkinson Hobson. In his seminal study, Imperialism, a Study (first published in 1902), he pointed to the role of such drives as patriotism, philanthropy, and the spirit of adventure in advancing the imperialist cause. As he saw it, however, the critical question was why the energy…